Hi-Tech Medical Devices Market

Hi-Tech Medical Devices Market Size, Share & Trends Analysis Report
and Segment Forecast, 2025| Grand View Research, Inc
“The global hi-tech medical devices market size was estimated at USD 24.95 billion
in 2017. It is anticipated to register a CAGR of 29.8% during the forecast period.”
The global Hi-Tech Medical Devices Market size is expected to reach USD 197.87 billion by 2025, according to a
new report by Grand View Research, Inc., rising at a CAGR of 29.8% during the forecast period. Employee
wellness programs along with enhanced precision, aesthetics, and durability of devices are among the primary
growth stimulants for the market.
Market players are focusing on aesthetics while designing these devices as they are meant for daily wear. There
are immense opportunities for players who are developing luxury watches and jewelry that have all features of
smart wearables, which is certain to attract luxury spenders. New generation of consumers demand innovative
luxury items with a blend of exclusivity, fashion, and connectivity, which serves as a key driver for the demand
for hi-tech medical devices.
North America held a substantial share in the hi-tech medical devices market in 2017, due to high accessibility
of supportive infrastructure such as hi-speed internet connection, presence of a raft of multinational
companies, and increasing awareness among people. Besides, multinational companies (MNC) provide various
schemes that allow users buy devices at a lesser price. Asia Pacific is anticipated to witness phenomenal growth
in the coming years, owing to high unmet needs, improving healthcare infrastructure, and rising per capita
expenditure. Moreover. presence of a large user base and booming economy, especially in India and China, are
also bolstering the growth of the regional market.
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Further key findings from the report suggest:

Smart phones emerged as the largest segment owing to their integration with other devices such as
smart watches and fitness trackers

Fitness trackers are expected to witness the fastest growth during the forecast period

Handheld devices dominated the market in 2017. This can be attributed to advent of innovative
cameras, high speed internet connection, larger storage capacity, and fast processers

North America dominated the hi-tech medical devices market in 2017, owing to existence of various
multinational companies and presence of supportive infrastructure such as hi-speed internet connection

Some of the prominent companies operating in the market are Apple; Google; Adida AG; Nike, Inc.;
Samsung; Sony Corporation; Xiaomi; CAE HEALTHCARE; and Virtual-Realities Ltd.
Grand View Research has segmented the global hi-tech medical devices market on the basis of product, site,
and region:
Hi-Tech Medical Devices Product Outlook (Revenue, USD Million, 2014 - 2025)

Smart phones

Tablets

Smart Watches

Fitness Trackers

Virtual Reality Sets

Others
Hi-Tech Medical Devices Site Outlook (Revenue, USD Million, 2014 - 2025)

Handheld

Headband

Strap, Clip, Bracelet

Shoe Sensors

Others
Hi-Tech Medical Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)

North America
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


o
U.S.
o
Canada
Europe
o
U.K.
o
Germany
Asia Pacific
o
Japan
o
China
Latin America
o
Brazil
o
Mexico
Middle East & Africa
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o
South Africa
o
Saudi Arabia
Table of Content of Hi-Tech Medical Devices Market
Chapter 1 Research Methodology
1.1 Information procurement
1.2 Information or Data Analysis
1.3 Market Formulation & Validation
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.1.1 Market Driver Analysis
3.1.1.1 Increased value addition to personal healthcare though improvised hardware, software, and
Internet of Things (IoT)
3.1.1.2 Employee wellness programs
3.1.1.3 Improved Aesthetics, Accuracy, and Battery Life of Devices
3.1.2 Market Restraint Analysis
3.1.2.1 Limited Functionality of Devices
3.1.2.2 Difficulties in Enter Health Care Sector
3.2 Penetration & growth prospect mapping
3.3 Hi-Tech Medical Devices - SWOT Analysis, By Factor (political & legal, economic and technological)
3.4 Industry Analysis - Porter’s
Chapter 4 Products Estimates & Trend Analysis
4.1 Hi-Tech medical devices market: Product movement analysis
4.2 Smart Phones
4.2.1 Smart phones market estimates & forecasts, 2014 - 2025 (USD Million)
4.3 Tablets
4.3.1 Tablets market estimates & forecasts, 2014 - 2025 (USD Million)
4.4 Smart watch
4.4.1 Smart watch market estimates & forecasts, 2014 - 2025 (USD Million)
4.5 Fitness tracker
4.5.1 Fitness tracker market estimates & forecasts, 2014 - 2025 (USD Million)
4.6 Virtual Reality (VR) set
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4.6.1 VR set market estimates & forecasts, 2014 - 2025 (USD Million)
4.7 Other devices
4.7.1 Other devices market estimates & forecasts, 2014 - 2025 (USD Million)
Chapter 5 Site Estimates & Trend Analysis
5.1 Hi-Tech medical devices market: Site movement analysis
5.2 Handheld
5.2.1 Handheld hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
5.3 Headband
5.3.1 Headband hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
5.4 Strap, Clip & Bracelet
5.4.1 Strap, clip & bracelet hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
5.5 Shoe sensor
5.5.1 Shoe sensor hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
5.6 Other
5.6.1 Other hi-tech devices market estimates & forecasts, 2014 - 2025 (USD Million)
Chapter 6 Regional Estimates & Trend Analysis, by Products and Site
6.1 Hi-tech medical devices market share by region, 2016 & 2025
6.2 North America
6.2.1 North America hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.2.2 U.S.
6.2.2.1 U.S. hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.2.3 Canada
6.2.3.1 Canada hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.3 Europe
6.3.1 Europe hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.3.2 U.K.
6.3.2.1 U.K. hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.3.3 Germany
6.3.3.1 Germany hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
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6.4.2 Japan
6.4.2.1 Japan hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.4.3 China
6.4.3.1 China hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.5 Latin America
6.5.1 Latin America hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.5.2 Brazil
6.5.2.1 Brazil hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.5.3 Mexico
6.5.3.1 Mexico hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.6 MEA
6.6.1 MEA hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.6.2 South Africa
6.6.2.1 South Africa hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD Million)
6.6.3 Saudi Arabia
6.6.3.1 Saudi Arabia hi-tech medical devices market estimates & forecasts, 2014 - 2025 (USD
Million)
Chapter 7 Competitive Landscape
7.1 Strategy framework
7.2 Company Profiles
7.2.1 Apple Inc.
7.2.1.1 Company overview
7.2.1.2 Financial performance
7.2.1.3 Product benchmarking
7.2.1.4 Strategic initiatives
7.2.2 Google Inc.
7.2.2.1 Company overview
7.2.2.2 Financial performance
7.2.2.3 Product benchmarking
7.2.2.4 Strategic initiatives
7.2.3 Adidas AG
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7.2.3.1 Company overview
7.2.3.2 Financial performance
7.2.3.3 Product benchmarking
7.2.3.4 Strategic initiatives
7.2.4 Nike, Inc.
7.2.4.1 Company overview
7.2.4.2 Financial performance
7.2.4.3 Product benchmarking
7.2.4.4 Strategic initiatives
7.2.5 Samsung
7.2.5.1 Company overview
7.2.5.2 Financial performance
7.2.5.3 Product benchmarking
7.2.5.4 Strategic initiatives
7.2.6 Sony Corporation
7.2.6.1 Company overview
7.2.6.2 Financial performance
7.2.6.3 Product benchmarking
7.2.6.4 Strategic initiatives
7.2.7 Xiaomi
7.2.7.1 Company overview
7.2.7.2 Product benchmarking
7.2.7.3 Strategic initiatives
7.2.8 virtual-realities limited
7.2.8.1 Company overview
7.2.8.2 Product benchmarking
7.2.8.3 Strategic initiatives
7.2.9 CAE HEALTHCARE
7.2.9.1 Company overview
7.2.9.2 Financial performance
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7.2.9.3 Product benchmarking
7.2.9.4 Strategic initiatives
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: [email protected]
For More Information: https://www.grandviewresearch.com
Blog: https://healthcareforecastreport.blogspot.com/
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The global hi-tech medical devices market size was estimated at USD 24.95 billion in 2017. It is anticipated to register a CAGR of 29.8% during the forecast period.

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